When do Foreign coins leave their country of origin?

Discussion in 'World Coins' started by Nathan F, Aug 27, 2019.

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  1. Collecting Nut

    Collecting Nut Borderline Hoarder

    Good for you!
     
    Collecting Nut, Aug 29, 2019
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  3. harley bissell

    harley bissell Well-Known Member

    Until early 1856 similar foreign coins passed as legal tender in the united states. Ship captains imported them and spent them for supplies and as wages for their workers. Bankers imported them and put them in circulation and profited from the difference in costs and what they spent for. This trade in foreign coins was for copper and silver coins. Gold of any size spent freely. By buying worn coins at a discount and spending them at face value it was well worth their while.
     
    harley bissell, Aug 29, 2019
    #22 + Quote Reply
    tibor likes this.
  4. Kentucky

    Kentucky Supporter! Supporter

    Could get saliva from the "spitting" eagle
     
    Kentucky, Aug 29, 2019
    #23 + Quote Reply
  5. TheCitrusGuy

    TheCitrusGuy Member

    It would be cool among the same lines as the "Where's George" dollar bills to be able to do it with coins. Impossible, but cool.
     
    TheCitrusGuy, Sep 1, 2019
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